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OUE REIT Completes Redemption and Cancellation of S$100 Million Notes

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OUE REIT Completes Redemption and Cancellation of S$100 Million Notes

Confident Investing Starts Here:

OUE Commercial Real Estate Investment Trust ( (SG:TS0U) ) has shared an announcement.

OUE Real Estate Investment Trust announced the full redemption and cancellation of S$100,000,000 4.0% notes due 2025, originally issued under its S$2,000,000,000 multicurrency debt issuance program. This move signifies the company’s commitment to managing its financial obligations and could impact its financial strategy and market positioning.

The most recent analyst rating on (SG:TS0U) stock is a Buy with a S$0.40 price target. To see the full list of analyst forecasts on OUE Commercial Real Estate Investment Trust stock, see the SG:TS0U Stock Forecast page.

More about OUE Commercial Real Estate Investment Trust

OUE Real Estate Investment Trust, constituted under the laws of Singapore, operates in the real estate investment sector. It focuses on managing a diversified portfolio of commercial properties and is involved in a multicurrency debt issuance program.

Average Trading Volume: 1,797,724

Technical Sentiment Signal: Buy

Current Market Cap: S$1.6B

Find detailed analytics on TS0U stock on TipRanks’ Stock Analysis page.

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